Business

Following WSJ Report, Firebird Co-Founder Offers Context: Armenia AI Project Has Roots Going Back Years, Built to Make Armenia a Global Technology Powerhouse

The Wall Street Journal reported this week that U.S. negotiators used access to NVIDIA's advanced AI chips as part of a broader package of economic incentives surrounding the peace...

Armenia to Export Up to 40 Tons of Fresh Produce a Week to UAE Starting in September Under New Deal

Armenia will begin exporting up to 40 tons of fresh fruit and vegetables a...

Armenia Opens New 10-Hectare AI-Run Tomato Greenhouse in Aragatsotn With a $26.7 Million Investment

Agro Prom has opened a state-of-the-art tomato greenhouse in Aragatsotn Province, investing roughly 9.7...

Armenian-Owned E-auto Invests $5 Million to Open HONGQI’s Largest Regional Center in Yerevan

E-auto opened a nearly 3,000 square meter HONGQI center at 40/3 Rubinyants Street in...

UAE Energy Giant EMARAT Enters Armenia, Opening First Yerevan Service Station in Planned Nationwide Network

Emirates Petroleum Company PJSC (Emarat) has opened its first branded service station in Yerevan, the first step in a planned nationwide network, marking the...

Armenia Reports 8% Economic Growth in Early 2026, Hits Record High in Registered Jobs in May as Foreign Trade Dips Slightly

Armenia's economy grew by 8% in the first five months of 2026, driven by strong performance in construction, industry and services. In May, the...

From Armenia to Miami: The Vision of Gevorg Shahbazyan, CEO of South Florida’s Starlife Group

When Gevorg Shahbazyan arrived in the United States from Armenia at the age of 14, he carried with him no real estate portfolio, no...

Sev Ohanian’s Proximity Media Signs Exclusive Multi-Year Deal to Develop TV Series for Netflix

Armenian-American Sev Ohanian's Proximity Media has signed a multi-year deal with Netflix to exclusively develop TV series for the streaming platform, reports the Armenian...

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